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ACCREDITATION OF BRANCHES AND REPRESENTATIVE OFFICES OF FOREIGN COMPANIES

Quick start of foreign business in Russia without bureaucratic delays. From the application to RosCo before the completion of the registration procedure - in just 30 days!

For any foreign company, entering the Russian market is strategically important, as it opens great prospects for development. And the first step in the way of conquering a new market is the accreditation of a representative office (branch) of a foreign company.

Opening a branch in another country, it can be difficult to navigate through the intricacies and peculiarities of interaction with government agencies, their requirements can be very different from the requirements of your state. And the accreditation of a representative office (branch) of a foreign company implies the registration of many documents in unfamiliar forms. In addition, much attention is paid to the literacy and accuracy of translations, as well as the proper certification of documents issued in foreign countries.

THE PROCEDURE FOR REGISTERING THE ACCREDITATION
OF A FOREIGN COMPANY TOGETHER WITH ROSCO

A foreign company can enter the Russian market in the form of a branch or representative office.
The cost of opening a branch and opening a foreign representative office is the same, but there are differences
in the performance of their activities.

Accreditation of branches in Moscow is a labor-intensive matter, if you are not an expert in this field.
The company «RosCo» will help you to understand all the subtleties of obtaining accreditation.

The procedure of registration does not depend on the form of accreditation (branch or representation)
and consists of several stages:

  • payment of the registration fee in the Chamber of Commerce and Industry of the Russian Federation -
    data on the number of foreign citizens who work in a branch or a representative office are also served here
  • appeal to the Federal Tax Service of the Russian Federation for entering data in the register
    and payment of state duty
  • after entering data into the register, it is required to obtain statistics
    codes and to register for extra-budgetary funds

At all stages, RosCo specialists prepare the necessary documents, and accompany
and direct your actions for the successful completion of the procedure.

THE PRICE FOR SERVICES FOR THE ACCREDITATION
OF REPRESENTATIONS OF FOREIGN COMPANIES CONSISTS OF:

  • consulting at all stages of registration;

  • operational preparation of documents of a standard pattern;

  • timely submission of sets of documents to the necessary authorities;

  • at the request of the client, we provide services for opening a settlement
    account in the largest banks of the country.

APPLYING TO ROSCO, YOU GET:

  • significant time savings

  • guarantee the correctness
    of translations

  • full information on
    all key moments

  • minimum time for completion
    of the procedure

    accreditation of branches
    in Moscow in just 30 days!

  • properly set up for
    your company a set of
    documents

If necessary, our proxy specialists will be able to submit and receive documents
without your presence.

Do not forget that even minor errors in the processing of documents, as well
as in the translation of documents can lead to refusal of accreditation, which
threatens the loss of paid fees. Therefore, for the opening of a foreign office,
the cost of the services of professionals justifies itself by reducing risks.

DOCUMENTARY SUPPORT

Representations of foreign organizations submit documentation to the tax authorities, which
issue all necessary permits. For successful accreditation it is necessary to provide:

  • constituent papers of the company forming representative offices and branches, and
    tax-codes, extracts from registers;

  • application for the Federal Tax Service and the decision to establish the unit, issued
    by the governing bodies of the founder;

  • power of attorney for persons heading branches and representative offices of foreign companies;

  • receipts confirming the payment of state duties.

Accreditation of foreign representations and branches should be completed before the 12-month
period from the moment of registration of documents takes place, otherwise they will lose force.
Also it is necessary to seek the recommendations of the banking structures that would confirm the
financial stability of the applicant.

"RosCo" will help quickly and accurately implement all the formalities
and start a successful business.

General information about the SME Register
General information about the SME Register
May a company, which the foreign companies are members to, be entered into the SME Register (the register of small and medium-sized enterprises) and on what conditions? Today we’ll discuss that in this video. First of all, it should be noted that the SME Register is organized by tax authorities, and a list of companies entered into the register may be found on the official website of the Federal Tax Service: https://ofd.nalog.ru. Small and medium-sized enterprises include companies and individual entrepreneurs that meet certain restrictions on the structure of the authorized capital and also if: - the average staff number is not more than 100 persons and income is not more than 800 million rubles (for small enterprises); - the average staff number is no more than 250 persons and income is no more than 2 billion rubles (for medium-sized enterprises). On December 1, 2018, the amendments made to Law No 209-FZ were entered into force. The point is that Russian companies with a share of foreign capital exceeding 49% may also obtain SME status if the company’s foreign members: - gained an income from their business activities not exceeding 2 billion rubles during the previous calendar year; - had the average staff number not exceeding 250 persons during the previous calendar year; - a state of permanent residence of foreign member of the Russian company shall not be the Offshore areas*(a list of offshore areas is established by the Ministry of Finance). If the share of foreign members in the Russian company does not exceed 49%, then such a requirement is not imposed for the purpose of designating as SME. What is a purpose of the register? A company may rely on a number of privileges if it is entered into the SME Register. Among them are: - Ensuring the implementation of “supervisory holidays” for SME; - Special tax regimes - Simplified tax and accounting rules - Simplified forms of accounting and statistical reporting, tax returns for individual taxes and fees; - Simplified procedure for conducting cash transactions; SMEs may not set a cash limit. - Privileged payment procedure for state and municipal property privatized by small and medium enterprises. During the coronavirus pandemic, the importance of entering the company into the SME Registry increased For example, in order to receive a subsidy for the salary with the Statutory Minimum Wage Index equal to 1, a company (among other requirements) must be entered into the SME Register. The so-called “credit holidays” apply to companies that are performing their activities in sectors most affected by coronavirus and are also entered into the SME Register. RosCo – entrust your business to professionals! YouTube - https://www.youtube.com/c/RosCoConsul... Facebook - https://www.facebook.com/roscoaudit/ ЯндексДзен - https://zen.yandex.ru/id/5b84df3fa459... Instagram - https://www.instagram.com/rosco_consu... https://rosco.su/
What do you need for accreditation of a foreign representative office? (part2)
Opening their branches in Russia, many of foreign companies prepare the necessary documents on their own. They often get a denial of accreditation because of the finer points. To avoid such troubles, you should take into account not only the requirements of the Order of the Federal Tax Service on accreditation of branches and representative offices, but also the general principles for preparing documents. See more in our video. 1. Data check 2. Legalization of a document 3. Translation of documents 4. Application for accreditation RosCo – entrust your business to professionals! YouTube - https://www.youtube.com/c/RosCoConsul... Facebook - https://www.facebook.com/roscoaudit/ ЯндексДзен - https://zen.yandex.ru/id/5b84df3fa459... Instagram - https://www.instagram.com/rosco_consu... https://rosco.su/
What do you need for accreditation of a foreign representative office?
Opening their branches in Russia, many of foreign companies prepare the necessary documents on their own. They often get a denial of accreditation because of the finer points. To avoid such troubles, you should take into account not only the requirements of the Order of the Federal Tax Service on accreditation of branches and representative offices, but also the general principles for preparing documents. See more in our video. 1.Originals or copies 2.Where can you get the document 3.Terms of issue RosCo – entrust your business to professionals! YouTube - https://www.youtube.com/c/RosCoConsul... Facebook - https://www.facebook.com/roscoaudit/ ЯндексДзен - https://zen.yandex.ru/id/5b84df3fa459... Instagram - https://www.instagram.com/rosco_consu... https://rosco.su/
ORDER SERVICE "ACCREDITATION OF BRANCHES AND REPRESENTATIVE OFFICES OF FOREIGN COMPANIES"
 
Date of foundation
company «ROSCO»
2004
Membership in professional organizations:
SRO NP «Audit Chamber of Russia»
(Certificate No 1809 dated 28.12.2009)
Chamber of Tax
Consultants
(Certificate No 78)
NP «Partnership of RSE»
(Russian Society of Evaluators)
Membership in public association:
Moscow Chamber
of Commerce and Industry
(Certificate No 123-973 dated 21.12.2009)
Non-Profit
Partnership of Turkish Entrepreneurs (RTIB)
Ratings:
A++1+++1++[%]
(as per the results of 2009 -
А++1+++1+[%])
Company
is included in the register of reliable enterprises of Moscow
Certificates of conformity:
Certificate of conformity to the requirements of GOST R ISO 9001-2008 (ISO 9001:2008)
Professional
liability
is insured